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Prospect Capital

254 hedge funds and large institutions have $908M invested in Prospect Capital in 2014 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 107 increasing their positions, 70 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 25

53% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 70

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

8% more funds holding

Funds holding: 235254 (+19)

9% less capital invested

Capital invested by funds: $993M → $908M (-$85.5M)

76% less call options, than puts

Call options by funds: $825K | Put options by funds: $3.47M

Holders
254
Holders Change
+19
Holders Change %
+8.09%
% of All Funds
7.34%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.14%
New
49
Increased
107
Reduced
70
Closed
25
Calls
$825K
Puts
$3.47M
Net Calls
-$2.65M
Net Calls Change
-$1.39M
Name Holding Trade Value Shares
Change
Change in
Stake
CEP
101
Chicago Equity Partners
Illinois
$977K +$1M +90,535 New
NPC
102
National Planning Corporation
California
$975K +$76.6K +6,931 +8%
Acadian Asset Management
103
Acadian Asset Management
Massachusetts
$949K
CPS
104
Counsel Portfolio Services
Ontario, Canada
$949K
Bank of Montreal
105
Bank of Montreal
Ontario, Canada
$935K +$39.4K +3,562 +4%
Allianz Asset Management
106
Allianz Asset Management
Germany
$926K -$525K -47,473 -36%
Principal Financial Group
107
Principal Financial Group
Iowa
$923K -$18.3M -1,650,959 -95%
N
108
Nuveen
North Carolina
$920K +$88.5K +8,000 +10%
AR
109
Advisory Research
Illinois
$894K -$102K -9,180 -10%
SMDAM
110
Sumitomo Mitsui DS Asset Management
Japan
$894K -$102K -9,180 -10%
LTFS
111
Ladenburg Thalmann Financial Services
Florida
$890K -$201K -18,183 -18%
RPA
112
Rock Point Advisors
Vermont
$822K +$87.4K +7,900 +12%
SFP
113
Santa Fe Partners
New Mexico
$817K +$838K +75,753 New
MERSOM
114
Municipal Employees' Retirement System of Michigan
Michigan
$812K +$832K +75,200 New
DCM
115
Dialectic Capital Management
Connecticut
$809K +$828K +74,896 New
CCB
116
Cutter & Co Brokerage
Missouri
$798K -$12.4K -1,119 -1%
PP
117
Paloma Partners
Connecticut
$794K -$695K -62,880 -46%
Creative Planning
118
Creative Planning
Kansas
$777K +$15.1K +1,368 +2%
ICOA
119
Investment Centers of America
North Dakota
$776K +$244K +22,026 +47%
FAAS
120
First Allied Advisory Services
California
$765K +$485K +43,868 +164%
SIC
121
Salem Investment Counselors
North Carolina
$738K -$15.2K -1,375 -2%
WA
122
WFG Advisors
Texas
$718K +$50.1K +4,529 +7%
NGA
123
Naples Global Advisors
Florida
$703K -$206K -18,615 -22%
BB
124
Bell Bank
North Dakota
$703K +$720K +65,070 New
AA
125
Ancora Advisors
Ohio
$691K +$708K +64,000 New

PSEC Hedge Fund Activity: Q1 2014 in Review

254 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2014, worth a combined $908M — down 8.6% from $993M a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new PSEC positions and 25 closed out — a net gain of 24 holders — while 107 added to existing stakes and 70 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $36.7M. The largest seller was BlackRock Fund Advisors, cutting an estimated $84.2M.

  • 254 institutional investors held Prospect Capital (PSEC) as of Q1 2014, up from 235 in Q4 2013.
  • Funds reported $908M of Prospect Capital stock for Q1 2014, down 8.6% quarter-over-quarter.
  • 49 funds opened new Prospect Capital positions in Q1 2014 and 25 closed out, a net change of +24 holders.
  • The largest Prospect Capital buyer in Q1 2014 was Two Sigma Investments, an estimated $36.7M added.
  • The largest Prospect Capital seller in Q1 2014 was BlackRock Fund Advisors, an estimated $84.2M sold.

Based on aggregated 13F filings for Q1 2014.